ME > Portland
Portland, ME 04103,671-675 Forest AVE
Portland, ME 04103,671-675 Forest AVE
Portland, ME 04103,671-675 Forest AVE
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Paul Rondeau

Paul Rondeau

+1(207) 229-7613
Listed by Maine Real Estate Co
$1,499,000
7,446 SqFt
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UPDATED:

10/24/2024 07:57 PM

Key Details

Property Type Commercial Sale

Sub Type Retail

Listing Status Active

Square Footage 7,446 sqft

MLS Listing ID 1581921

HOA Y/N No

Originating Board Maine Listings

Lot Size 5,227 Sqft

Acres 0.12

Property Description

2 retail & 5 residential units in a prime location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with two street-level retail units, perfect for businesses seeking prime visibility, and five residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms. The full unfinished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience. Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property.

Location

State ME

County Cumberland

Zoning B2B

Rooms

Basement Full

Interior

Heating Hot Water, Baseboard

Cooling None

Flooring Vinyl, Tile, Carpet

Exterior

Garage 1 - 4 Spaces, Off Street

Waterfront No

View Y/N No

Roof Type Flat,Other

Parking Type 1 - 4 Spaces, Off Street

Building

Lot Description Near Turnpike/Interstate, Near Airport, Downtown, Business District, Near Shopping

Foundation Block, Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick Veneer,Brick,Masonry

Others

Energy Description Oil

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Maine MLS (MREIS) IDX

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Paul Rondeau

+1(207) 229-7613

Broker Associate | License ID: BA923327

Broker Associate License ID: BA923327

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